Former director-general of the National Treasury Dondo Mogajane says he is restoring the reputation of the Moti Group, the controversial family-owned company he has joined as CEO. | politicsblahbla News24_Business
Former director-general of the National Treasury Dondo Mogajane says he is restoring the reputation of the Moti Group, the controversial family-owned company he has joined as CEO.
Mogajane says that his role is to sort out governance and clean up the firm's reputation, especially with banks, as neither it nor its founder Zunaid Moti has any criminal charges against them. Moti announced on Wednesday that he was"stepping away" to leave the company in the hands of Mogajane and his 24-year-old son Mikaeel.
The group has substantial interests in property, security, aviation, fleet management and mining. The mining assets in Limpopo and Zimbabwe, including Zimbabwe's biggest chrome mine and large Lithium deposits, will be retained by Moti himself and separately managed. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury ex-boss takes control of controversial group after founder Zunaid Moti bails | BusinessControversial businessman Zunaid Moti announced on Wednesday that he has 'stepped away' from his namesake Moti Group, leaving the business in the hands of former Treasury director-general Dondo Mogajane. | AhmedAreff News24_Business
Read more »
Zunaid Moti officially bows out as leader of Moti GroupMoti, who has been leading the group for almost two decades, attributed his departure to the reputational damage caused by his arrest in Germany in 2018. Moneyweb MotiGroup ZunaidMoti
Read more »
Former Ekurhuleni health workers demand re-employmentWorkers employed on contracts during the pandemic say most of their colleagues were given full-time jobs and they want the same
Read more »
Malawi: Former President Peter Mutharika Admits 'He Has No Solutions to Malawi's Problems'Former President Professor Arthur Peter Mutharika has admitted for the first time since he was booted out of power in June 2020 that he has no solutions to the social and economic challenges weighing down Malawians at the moment.
Read more »
Former Ekurhuleni health workers want their jobs backAbout 50 former community health workers who worked in Ekurhuleni protested outside the Gauteng health department’s Johannesburg office
Read more »